Sistem Tanggung Renteng pada Keberlangsungan Usaha dalam Perspektif Ekonomi Islam

Abstract

Financial institutions have now continued to expand, specifically the Islamic banking industry. Islamic banking offers various types of products, including financing for additional business capital. In the financing products offered, many risks are considered capable of affecting the health of the bank. Consequently, the banking sector has developed a mechanism to address the risk of default. For instance, the BTPN Syariah bank, which already has a mechanism for dealing with defaults through joint and several liability, where all members in a financing group are involved jointly or severally to be responsible for the loans they have. Apart from dealing with the risk of default, joint and several liability is also used to assist financing members who are having problems with their business being developed. Joint and several liability in muamalah fiqh is also referred to as kafalah.